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Old 05-06-2004, 09:49 PM  
MattK
Confirmed User
 
Join Date: May 2002
Location: Las Vegas
Posts: 492
Quote:
Originally posted by ace0r
so why are you cutting yourself short by shorting indecies, if you truely beleive in this info? Why not aim for the heavy hitters in the sectors that are suppoused to take the majority of the hit.
you are right, if I was 100% abso-fucking-lutely certain it would happen I could make more on a big decline. But since it is more of a high probability event, I would not bet everything I own or take overly risky positions.

At betonmarkets.com you can get 12 to 1 returns on long shot bets, so I made some smaller bets there, for example I get 1000% return if the dow hits 9500 anytime between now and June 3rd.
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